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Medical Office with Billboard Income
For Sale
$209,900

214 S Washington Street, Albany, KY 42602

COMMERCIAL - Albany, KY

Property Size1,875 SF
Lot Size0.09 Acres
Price / SF$111.95
Days on Market35

Property Features for 214 S Washington Street

General Information

Property type Commercial Sale
Property subtype Other
Parking features On Street, Assigned
Directions On the corner of Washington Street, corner property .
Subdivision Clinton Co., KY
Standard status Active
APN 009.00
Size 1,875 SF
Lot size 0.09 Acres

Taxes and HOA fees

Tax Annual Amount 900

Utilities

Heating system Heat Pump (Heating), Central
Cooling system Central Air
Water source Public

Building Details

Year built 1960
Floors in Building 2
Number of units 2
Building materials Frame, Brick
Roof type Metal
Listing Agency: The Realty Firm - Byrdstown
Listed By: Barbara McWhorter · License #307788
Added: Jul 14 Changed: Aug 4 Last Checked: Aug 17 at 10:06AM
MLS# 242637

Copyright © 2026 Upper Cumberland Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This property is a medical office building currently leased to a massage therapist and a chiropractor. The space includes 8 rooms and a full bathroom with a shower. Improvements reported include renovations approximately 6 years ago, new vinyl plank flooring, and a water heater described as new. The HVAC is reported as 5 years old, and no furniture is included with the office. The building also includes four billboard rental signs that are described as producing monthly income, along with approximately 4 parking spaces.

The property is located downtown Albany, Kentucky at 214 S Washington Street. A second floor is present but unfinished, and is reported at 1,875 square feet.

The unfinished second-floor area offers additional expansion space while the existing first-floor configuration supports the current leased setup.

Key Highlights

  • Downtown Albany, KY office leased to a massage therapist and chiropractor
  • 8 rooms plus 1 full bathroom with shower; no furniture included
  • Renovated approximately 6 years ago with new vinyl plank flooring and new water heater

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Plumbing Service (Bike/Boat/Book/etc) Store Real Estate Agency Bakery Grocery & Convenience Store Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

303
Businesses Nearby
Balanced
Demand for This Use

Demographics for 42602, KY

9,084
Population
4,994
Households
1.8
Avg Household Size
43
Median Age
16%
College-Educated
79%
High-School Grad
189.0 sq mi
ZIP Area
48
Density / Sq Mi
$41,797
Median Household Income
$28,712
Median Earnings
$630
Median Rent
$113,200
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Similar Off Market Nearby

  • Albany Animal Clinic 624 Tennessee Short Cut Rd, Albany, KY 42602

Frequently Asked Questions

What type of property is this?
Medical Office Space - Renovated medical office includes 8 rooms, a full bath with shower, HVAC, vinyl plank flooring, and four billboard rental signs.
Where is this medical office space located?
The property is located at 214 S Washington Street Albany, KY.
What is the asking price?
The asking price for this property is $209,900.
What are key features of this property?
This property features: Downtown Albany, KY office leased to a massage therapist and chiropractor; 8 rooms plus 1 full bathroom with shower; no furniture included; Renovated approximately 6 years ago with new vinyl plank flooring and new water heater
More about this property
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